AST BOND PORTFOLIO 2030
| SCHEDULE OF INVESTMENTS | as of March 31, 2024 (unaudited) |
| Shares | Value | |||||
| Long-Term Investment — 95.8% | ||||||
| Affiliated Mutual Fund | ||||||
| Fixed Income | ||||||
AST Target Maturity Central Portfolio* (cost $53,937,020) | 5,445,651 | $55,164,447 | ||||
| Short-Term Investment — 2.8% | ||||||
| Affiliated Mutual Fund | ||||||
PGIM Core Ultra Short Bond Fund (cost $1,629,502) | 1,629,502 | 1,629,502 | ||||
TOTAL INVESTMENTS—98.6% (cost $55,566,522)(wa) | 56,793,949 | |||||
Other assets in excess of liabilities(z) — 1.4% | 807,137 | |||||
Net Assets — 100.0% | $57,601,086 | |||||
| * | Non-income producing security. |
| (wa) | Represents investments in Funds affiliated with the Manager. |
| (z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments: |
| Futures contracts outstanding at March 31, 2024: | ||||||||
| Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
| Long Position: | ||||||||
| 552 | 10 Year U.S. Treasury Notes | Jun. 2024 | $61,159,878 | $253,529 | ||||
| Short Positions: | ||||||||
| 69 | 2 Year U.S. Treasury Notes | Jun. 2024 | 14,109,422 | 14,389 | ||||
| 169 | 5 Year U.S. Treasury Notes | Jun. 2024 | 18,085,641 | (28,654) | ||||
| 56 | 10 Year U.S. Ultra Treasury Notes | Jun. 2024 | 6,418,125 | (60,453) | ||||
| 64 | 20 Year U.S. Treasury Bonds | Jun. 2024 | 7,708,000 | (155,021) | ||||
| 37 | 30 Year U.S. Ultra Treasury Bonds | Jun. 2024 | 4,773,000 | (61,073) | ||||
| (290,812) | ||||||||
| $(37,283) | ||||||||
Other information regarding the Portfolio is available in the Portfolio’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
A1